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. >>> plus, guess which ceo mark zuckerberg is tagging in his facebook photos? answer straight ahead. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#: 1-800-345-2550 in their respective lipper categories.
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Oct 1, 2012
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can either mark zuckerberg or sheryl sandberg turn the company's sagging stock around? >>> and peering over the cliff. at least one organization is proposing a less painful alternative to falling off the fiscal cliff. find out who they are and what they plan to do, straight ahead on "the closing bell." tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like
can either mark zuckerberg or sheryl sandberg turn the company's sagging stock around? >>> and peering over the cliff. at least one organization is proposing a less painful alternative to falling off the fiscal cliff. find out who they are and what they plan to do, straight ahead on "the closing bell." tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account...
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Oct 1, 2012
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there is mark zuckerberg wearing a suit. i joked before the commercial, that zuckerberg didn't even wear a suit before, during his wedding. and maria, i stand corrected. one of our production staff went to the internet. >> spoke too soon. >> and found a picture of mr. zuckerberg at his wedding wearing a suit. he's wearing it for the second time. i stand corrected. >> that was the meeting with the prime minister of russia, medvedev. so woel learn why that meeting took place coming up. the fourth quarter is starting off strong after the manufacturing sector unexpectedly expanded. we are well off the highs of the day. certainly for this market. >> so is the start of a big fourth quarter rally or not? or could october turn into the horror fest we've seen in the past for the bulls? with us, our friend, gordon, cnbc market analyst from rosenblat securities. we've lost altitude going to the close. what are your expectations for this month that usually has a cloud over it and for the fourth quarter? >> yeah, bill. we've been getting
there is mark zuckerberg wearing a suit. i joked before the commercial, that zuckerberg didn't even wear a suit before, during his wedding. and maria, i stand corrected. one of our production staff went to the internet. >> spoke too soon. >> and found a picture of mr. zuckerberg at his wedding wearing a suit. he's wearing it for the second time. i stand corrected. >> that was the meeting with the prime minister of russia, medvedev. so woel learn why that meeting took place...
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Oct 4, 2012
10/12
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is this ceo mark zuckerberg's redemption after that rough ipo in may? shares of the social network off its highs for the day, but it is also fallen 40% since it went public. >>> here's a look at how some of the other social media stocks are trading right now. accolade overdrive. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. we know you.ther reason more investors are saying... we know you have to rise early... and work late, with not enough sleep in between. how yo
is this ceo mark zuckerberg's redemption after that rough ipo in may? shares of the social network off its highs for the day, but it is also fallen 40% since it went public. >>> here's a look at how some of the other social media stocks are trading right now. accolade overdrive. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of...
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Oct 4, 2012
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"today's" host matt lauer had a chance to interview mark zuckerberg. here's a look at the interview. >> they say this is not only the visionary and the technical guy, this is the ceo. i was reading the article. they said this is like the guy who's learning as he goes. it's like you're learning how to fly and they're in the cockpit. how do you feel about that? >> i take the responsibility extremely seriously. and our responsibility as a company is just to do the best that we can and build the best product for people. and if we build the best products, then i think that we can leading in the space for a long time. that's what we need to stay focused on. >> will it happen naturally. you built the product. can the company make money? i'm not a tech guy and i'm not a business guy but the question i hear over and over again, if a company has a billion customers, how can they not be killing it if they're making money. >> i guess we ooh killing it, we are making billions of dollars. we're a public company now, so i can talk about it. the future is going to be
"today's" host matt lauer had a chance to interview mark zuckerberg. here's a look at the interview. >> they say this is not only the visionary and the technical guy, this is the ceo. i was reading the article. they said this is like the guy who's learning as he goes. it's like you're learning how to fly and they're in the cockpit. how do you feel about that? >> i take the responsibility extremely seriously. and our responsibility as a company is just to do the best that...
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Oct 5, 2012
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the nominees are "sesame street's" big bird, mark zuckerberg or meg whitman. to vote go cnbc.com. we'll reveal the winner on "street signs". markets are higher on this jobs friday. how should you position yourself heading into the weekend. i take insulin, so i test... a lot. do you test with this? freestyle lite test strips? i don't see... beep! wow! that didn't take much blood. yeah, and the unique zipwik tab targets the blood and pulls it in. so easy. yep. freestyle lite needs just a third the blood of onetouch ultra. really? so testing is one less thing i have to worry about today. great. call or click today and get strips and a meter free. test easy. humans -- sometimes life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty mutual insurance we can "untrip" you as you go through your life with personalized policies and discounts when you need them most. just call... and speak with a licensed representative about saving on your policy when you get married, move into a new house... [crash!] or add a car to your policy. don't forget to ask about saving
the nominees are "sesame street's" big bird, mark zuckerberg or meg whitman. to vote go cnbc.com. we'll reveal the winner on "street signs". markets are higher on this jobs friday. how should you position yourself heading into the weekend. i take insulin, so i test... a lot. do you test with this? freestyle lite test strips? i don't see... beep! wow! that didn't take much blood. yeah, and the unique zipwik tab targets the blood and pulls it in. so easy. yep. freestyle lite...
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there are few names better known in the world of social media and technology than mark zuckerberg and he is today indeed in the russian capital facebook is not in fact the number one social network in russia it's another social network called contact which means in contact and he may well be here i'm sure part of the reason for his visit is to try and boost facebook's p.r. in russia and its market share but there has been another idea floated by the russian media quoting russian computer companies who say that he may well in fact be here to try and headhunt talented russians programmers and they're not happy about that prospect they point to one thousand ninety eight when russia was in a financial crisis and microsoft received similar accusations of poaching talented russian programmers and taking them back to the u.s. was never the real reason that he was here he still managed to find time to pose for photos in red square in his trademark red hoodie and to go into mcdonald's for a bite to eat so it seems that although the main message is technology it's not all about business. move o
there are few names better known in the world of social media and technology than mark zuckerberg and he is today indeed in the russian capital facebook is not in fact the number one social network in russia it's another social network called contact which means in contact and he may well be here i'm sure part of the reason for his visit is to try and boost facebook's p.r. in russia and its market share but there has been another idea floated by the russian media quoting russian computer...
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very temperate business for facebook founder mark zuckerberg is in moscow on monday saying out certainly here really had a chance to walk around red square and staying true to themselves had a bite to eat at mcdonald's our correspondent tom barton is following the story for us tom what's the real reason i guess visiting moscow. good question indeed there are few people in the world of technology or social media more famous than mark zuckerberg and he's in day today in moscow he's meeting with prime minister dmitry medvedev he's going to go to moscow state university to meet students there and will probably spend some time behind me at an event called digital october mix between a. technological expo for technological whiz kids that is on the face of it the reason why he is in moscow there is however other ideas that have been posed by members of russia's technological community and companies here they say that the real reason may be to head home to poach advanced russian programmers to work at facebook. and they don't they don't feel particularly happy about that telling vedder mosty amo
very temperate business for facebook founder mark zuckerberg is in moscow on monday saying out certainly here really had a chance to walk around red square and staying true to themselves had a bite to eat at mcdonald's our correspondent tom barton is following the story for us tom what's the real reason i guess visiting moscow. good question indeed there are few people in the world of technology or social media more famous than mark zuckerberg and he's in day today in moscow he's meeting with...
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Oct 2, 2012
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facebook founder mark zuckerberg meeting with russia's prime minister. russia wants market to expand facebook operations in facebook. he is on a world tour searching for new talent in a series of programming contest. apple i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ finance close that dow >> it is beautiful out here. is amazing san francisco, october 2nd and i am in the short sleeves that shirt and completely comfortable right now. you can see how clear it is in the city right now, no fog to speak up. if you get a chance come out and enjoy it. they're people running, walking their dogs. if you're going to do it now is the time before the heat starts to s
facebook founder mark zuckerberg meeting with russia's prime minister. russia wants market to expand facebook operations in facebook. he is on a world tour searching for new talent in a series of programming contest. apple i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put...
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. ♪ >>> i want to take you live to where mark zuckerberg is being interviewed live. yesterday prime minister medvedev trying to put more facebook infrastructure in that country. let's take a quick listen. >> it is frozen. >> i'm taking state against petersburg this weekend. >> zuckerberg looks dressed up compared to his interviewer. >> he did wear a suit and tie when he met medvedev. facebook and russia, 9 million users with a domestic copy of facebook called the vk. they come in second in that country. >> eventually they are -- >> i wish we knew what she was saying. >> i think he said we will bury you. >> tear down this pay wall, that kind of thing. >> yes! and mr. gorbachev teared down the pay wall! >>> when we come back, when it comes to tim cook's leadership, what would steve jobs think of this? but first -- >>> coming up, kramer is kicking it into high gear. his six stocks in 60 seconds will energize all of us. get your jim joke when "squawk on the street" returns. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf marke
. ♪ >>> i want to take you live to where mark zuckerberg is being interviewed live. yesterday prime minister medvedev trying to put more facebook infrastructure in that country. let's take a quick listen. >> it is frozen. >> i'm taking state against petersburg this weekend. >> zuckerberg looks dressed up compared to his interviewer. >> he did wear a suit and tie when he met medvedev. facebook and russia, 9 million users with a domestic copy of facebook called...
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. >> and of course mark zuckerberg wears the same thing every day. what's coming up tonight? >> tipping the bald theme, we have our own powerful bald man on. neel kashkari. >> segue. >> we also have john taylor to talk about the debates. and why it might be time to sell gold. >> see you at 5:00. let's get to what you might have missed earlier on this morning. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> what frustrates me is we are not doing more to build infrastructure here in the united states. >> it's happening. we don't need the government to do anything. >> this is a terrific opportunity for us to launch a global snacking powerhouse. we've got a fabulous roster of market leaders in their respective categories. we have a very strong geographic footprint. >> i look at things like housing come being bacing back. especially if it is foreign auto companies taking the lion's share, i come back and say don't be confused, the adp has a false tale. >> you have more draw in a shma than i've had in a lifetime of living. >> in the last week
. >> and of course mark zuckerberg wears the same thing every day. what's coming up tonight? >> tipping the bald theme, we have our own powerful bald man on. neel kashkari. >> segue. >> we also have john taylor to talk about the debates. and why it might be time to sell gold. >> see you at 5:00. let's get to what you might have missed earlier on this morning. >>> welcome to hour three of "squawk on the street." here's what's happening so far....
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on the nasdaq bucking the trend was facebook it's up one half percent as its head mark zuckerberg needs it in moscow we're told about that fifty five minutes time in europe we're also seeing a positive session with the end acts up one after said despite the fact that the euro zone unemployment came in a record eighteen point two million people without a job but the mining sector was driving the growth for the strata up more than three percent after it except the day merger. a merger deal with glen point a national train company and in currencies the euro is stronger versus the greenback while the russian ruble managed to strengthen at the end of the session in the final minutes against both currencies half a percent versus the greenback. that's all i have signed for this hour but i'll be back with plenty more fifty five minutes thanks to major in a couple of minutes we uncover the murky world of hostage taking profit making and corruption you know jiri is oil industry at so next program. culture is that so much a given to each musician of our mind as a friend in the arab spring the arab
on the nasdaq bucking the trend was facebook it's up one half percent as its head mark zuckerberg needs it in moscow we're told about that fifty five minutes time in europe we're also seeing a positive session with the end acts up one after said despite the fact that the euro zone unemployment came in a record eighteen point two million people without a job but the mining sector was driving the growth for the strata up more than three percent after it except the day merger. a merger deal with...
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you've spoken with mark pinkus, you've spoken with mark zuckerberg. facebook also took a hit after the zynga warning because they get so much revenue from zynga. what's going on here? >> social gaming is not what it was cracked up to be. the problem is people used to spend a lot of time on their desk tops playing farmville. now people are spending more time on their smartphones so they're not playing these social games as much. people are shifting that time they used to waste playing social games playing mobile apps. zynga interused more of these games. they're the same model as farmville, they just haven't taken off. if you look at numbers, fewer than 5 million people have been playing them on a daily basis. that's compared to at one point farmville was getting 80 million people. >> when you say they weren't -- they're not all they were cracked up to be, we're only talking about last year's project -- not like 20 years ago, plastics, my son! this is one year ago. >> zynga was excited they had all these people playing games. they thought they'd get a
you've spoken with mark pinkus, you've spoken with mark zuckerberg. facebook also took a hit after the zynga warning because they get so much revenue from zynga. what's going on here? >> social gaming is not what it was cracked up to be. the problem is people used to spend a lot of time on their desk tops playing farmville. now people are spending more time on their smartphones so they're not playing these social games as much. people are shifting that time they used to waste playing...
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Oct 4, 2012
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first joe has the top stories. >> one is not that mark zuckerberg wears the same thing every day. and so do i. not here, but when i go home i wear the same thing. >> looks like a uniform but steve jobs did, too. einstein did the same thing or another one of the great philosophers because he said it wasted too much time to figure out what to wear during the day. >> they don't have to think about clothes. it frees a lot of band width. >>> the ecb, when they change it, then i'll rush to it but at this point they left it unchanged again. all right, the ecb left its key interest rate unchanged. mario draghi will begin his news conference at 8:30 a.m. eastern, we'll find out the nuances of leaving it unchanged, we'll update european equities at this point, green arrows but five, six points or so. u.s. equity futures and how do you interpret the stock market moves based on last night's debate? there's a lot of different things. with intrade at 65% for the president so at this point 65% he's reelected according to intrade, big jump for romney, almost a 50% or 40% jump on intrade but still
first joe has the top stories. >> one is not that mark zuckerberg wears the same thing every day. and so do i. not here, but when i go home i wear the same thing. >> looks like a uniform but steve jobs did, too. einstein did the same thing or another one of the great philosophers because he said it wasted too much time to figure out what to wear during the day. >> they don't have to think about clothes. it frees a lot of band width. >>> the ecb, when they change it,...
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zuckerberg was doing in moscow as he met the tech savvy pm. also online at no women cry read about the row over the unusual airbrushing of the current catalog and saudi arabia. more than two years in jail and the trial has yet to happen they lawyer for the u.s. soldier bradley manning has again demanded that the charges against him be dropped manning is accused of treason after allegedly transferring top secret files to wiki leaks but the whistleblower support movement is however gaining momentum as artie's christine prison explains. his name. has evolved into a movement a movement with a mission to truth as the points. may be our mutual maybe an idealist state. or a strange world fighting for those who attended the event hope to eventually see accused wiki leaks or bradley manning freed from prison he's already spent eight hundred sixty two days there much of it in solitary confinement and still has not gone to trial we are here because the truth is on trial bradley is not a traitor. he's not a spot but a truth teller and i was a former natio
zuckerberg was doing in moscow as he met the tech savvy pm. also online at no women cry read about the row over the unusual airbrushing of the current catalog and saudi arabia. more than two years in jail and the trial has yet to happen they lawyer for the u.s. soldier bradley manning has again demanded that the charges against him be dropped manning is accused of treason after allegedly transferring top secret files to wiki leaks but the whistleblower support movement is however gaining...
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zuckerberg was doing in moscow as he met the tech savvy pierre. watching r.t. right after a short break dmitri has the latest in the world of business for us. the legacy no one should be proud. of scrap metal littering pristine arctic landscape building stilton over their foundation pipes spewing black smoke over the snow covered peaks the traces of the soviet industrial activity on the burgen archipelago don't make a pretty picture the guiding principle here is the worse the better locals like to tell the story that back in soviet times when norwegians were visiting barons were they also on the rise. and how prosperous the settlement was well times have obviously a challenge where they saw it lags they still attracting a region tourists are barons were. much needed cash that's why when. our goal is common as was uncovered here a few days ago instead of throwing it away the local administration decided to paint the bin you and put it at variance work central square that in the nine hundred eighty s. there was a burgeoning mining community the sovi
zuckerberg was doing in moscow as he met the tech savvy pierre. watching r.t. right after a short break dmitri has the latest in the world of business for us. the legacy no one should be proud. of scrap metal littering pristine arctic landscape building stilton over their foundation pipes spewing black smoke over the snow covered peaks the traces of the soviet industrial activity on the burgen archipelago don't make a pretty picture the guiding principle here is the worse the better locals like...
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Oct 5, 2012
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he joined mark zuckerberg and all the other young tech tycoons who suddenly became members of that ten-digit club. but zynga's falling share price has chopped more than $1 billion from his fortune. he's now worth less than $250 million. his paper wealth in zynga has fallen by more than 80%. he's lost, get this, more than $4 million a day or close to $200,000 an hour for the past seven months. now, we shouldn't feel bad for him. he sold $200 million worth of stock back in april before that big fall. he bought a $16 million mansion in san francisco. he's got a multimillion dollar home in aspen. plus, he's got a lot of other wealth from facebook and other investments. but mark is now proof that sudden wealth can quickly become sudden wealth loss in social media. of course, the new .com guys learned something new, to take that wealth off the table before it goes up in smoke. back to you, michelle. >> yeah, exactly. thanks, robert. >>> we have about 20 minutes before the closing bell. the dow jones industrial average has now gone negative on the session. nasdaq's been there for about an hour. >>
he joined mark zuckerberg and all the other young tech tycoons who suddenly became members of that ten-digit club. but zynga's falling share price has chopped more than $1 billion from his fortune. he's now worth less than $250 million. his paper wealth in zynga has fallen by more than 80%. he's lost, get this, more than $4 million a day or close to $200,000 an hour for the past seven months. now, we shouldn't feel bad for him. he sold $200 million worth of stock back in april before that big...
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Oct 4, 2012
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on mark zuckerberg's facebook page, he wrote, helping a billion people connect is amazing, humbling, and by far the thing i'm most proud of. they've also launched their first commercial. let's take a look. >> chairs. chairs are made so people can sit down and take a break. anyone can sit on a chair. if the chair is large enough, they can sit down together. and tell jokes or make up stories or just listen. chairs are for people. and that is why chairs are like facebook. >> the use of a chair, maria. stock up about 0.4%. back to you. >> that is really funny. thank you, seema. watching facebook there trade in active volume. meanwhile, it's the end of an era at the new york stock exchange today. >> one of the most beloved personalities here on the new york stock exchange floor is retiring today. one james mcguire sr. he began his career in 1949. truman was in office. the dow, i looked it up, was at 180 at that time. >> i was 18 years old. >> you were 18 when you started your career on wall street. different times back then. >> no, pretty much the same. >> nothing has changed? >> no, it's
on mark zuckerberg's facebook page, he wrote, helping a billion people connect is amazing, humbling, and by far the thing i'm most proud of. they've also launched their first commercial. let's take a look. >> chairs. chairs are made so people can sit down and take a break. anyone can sit on a chair. if the chair is large enough, they can sit down together. and tell jokes or make up stories or just listen. chairs are for people. and that is why chairs are like facebook. >> the use of...
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Oct 1, 2012
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mark zuckerberg met with dmitry medvedev earlier today. he urged the founder to open a new office in his country. in a rare move, zuckerberg even left behind a hoodie and wore a suit and tie to meet with medvedev. >> let's just leave it at that. >> yeah. >> pop here for goldman sachs. up 2%, j.j.? >> we all saw that article on goldman sachs, very positive, stock following suit today and may be upside. >> drop for sprint. >> raymond james downgrade, i think this is probably a good opportunity to get back in the name on the long side. >> big pop, cbr energy up 9%. >> big pop, this icon is very happy. we had a conversation with him way back when we said we didn't think he'd be able to find a buyer. what he did do, he does very well. he's going to make a lot of money on this deal. going to have a spinoff, mlp raising 300 million, refining sector on fire stay with it. >> pop here for delta airlines up 3%. >> yeah, actually, joe mentioned earlier that oil is down 6% for the year and the airlines are the ones that are the beneficiary. they've bee
mark zuckerberg met with dmitry medvedev earlier today. he urged the founder to open a new office in his country. in a rare move, zuckerberg even left behind a hoodie and wore a suit and tie to meet with medvedev. >> let's just leave it at that. >> yeah. >> pop here for goldman sachs. up 2%, j.j.? >> we all saw that article on goldman sachs, very positive, stock following suit today and may be upside. >> drop for sprint. >> raymond james downgrade, i think...
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Sep 28, 2012
09/12
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zuckerberg spoke at that tech crunch conference. qualcomm, ubs writing that the near concerns related to the shipments could hit a soft patch in the next quarter. >>> today's power player is the chief investment strategist with oppenheimer funds with $82 billion under management. please welcome art steinmets to "power lunch". how do you feel about the market overall. bob laid out some interesting trends and we're going into a new quarter. overall are you bullish on the market? >> reasonable comfortable with the market. the story, the bad news is understood. we've got sovereign debt crisis. we've got fiscal cliff. we've got china growth slowdown. those have been with us for years now it seems. those are the known unknowns. but what we have now is you've got the fed pumping up liquidity like crazy. you've got the boj pumping up liquidity like crazy and the ecb doing the same. don't fight the fed or the ecb or the boj. so that undergirds everything that's going on right now. >> yet if you look at where we were on the s & p right after
zuckerberg spoke at that tech crunch conference. qualcomm, ubs writing that the near concerns related to the shipments could hit a soft patch in the next quarter. >>> today's power player is the chief investment strategist with oppenheimer funds with $82 billion under management. please welcome art steinmets to "power lunch". how do you feel about the market overall. bob laid out some interesting trends and we're going into a new quarter. overall are you bullish on the...
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Oct 1, 2012
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. >> mark zuckerberg talked about the potential in search. what is your plan for search? >> as mark said i think people are surprised how much search is done on facebook, you know, every day there's enormous percentage of search. there's also a promise in the market that search could become more social that we don't think this has been met. when you're looking for information the question is who do you want it from, the wisdom of crowds or the wisdom of friends? our answer to the information that's most relevant for users is really about friends, that if i'm looking for a restaurant to go to in new york this week, i'd rather get a recommendation from a friend. that's really what we're working on. >> could a facebook social search compete with goingle? >> not going to comment on future product launches. we are working at making our products as usable and accessible for everyone in the world. >> facebook is increasingly moving into google's territory and not just with search. facebook is testing an ad network to deliver its ads to other websites just like google does. comin
. >> mark zuckerberg talked about the potential in search. what is your plan for search? >> as mark said i think people are surprised how much search is done on facebook, you know, every day there's enormous percentage of search. there's also a promise in the market that search could become more social that we don't think this has been met. when you're looking for information the question is who do you want it from, the wisdom of crowds or the wisdom of friends? our answer to the...